Latest news with #Sankar
The Hindu
13 hours ago
- Entertainment
- The Hindu
Why the light music industry is facing a decline in Chennai
A light music show usually draws a full house since the musicians fill the air with familiar notes and beats, and the audience warms up to much-loved tunes. Are bands put together by established musicians, or by those who just have an ear for music? How have bands fared over the years? Sankar, whose band is called Saadhaga Paravaigal, is the son of lyricist Ulundurpet Shanmugam. When he was a student in the Government Music College, Chennai, he formed a band with his friends. The college initially did not encourage him. Teachers wanted him to focus on classical music. But when the band began to win prizes in intercollegiate contests, teachers lent their support. His band was christened in January 1988, and the formal launch was in Vani Mahal. 'In the 1980s, there used to be light music shows in cinema theatres in the mornings, and the hall would be packed,' recalls Sankar. Lakshman formed a band with some of his friends while studying in Presidency college. 'We used to rent instruments from Johnny D' Mello in Mount Road. The cost of a guitar was Rs. 2,000, but we were paid only Rs. 1,500 for a concert. So he would insist on a bonafide certificate signed by the college principal. D'Mello also had a small space for rehearsals, and the rent was Rs. 125 rupees a day.' Later Lakshman's band was named Lakshman Sruti. 'For our 200th show in 1989, in just two days my brother Raman ensured that the entire band had uniforms.' Surprisingly, until the 5000th show, Lakshman had not studied music at all. He learnt the piano only after that. 'We used to have programmes throughout the month, but not anymore. To supplement the income, I plan to start a shop selling, renting and repairing music instruments.' U.K. Murali, whose band Udhaya Ragam U.K. Murali Innisai Mazhai is 40 years old, did not have a music background when he entered the industry. He learnt the nuances of light music and launched his band. 'Sabha concerts are not always profitable, but they give us publicity, which brings us wedding concerts and shows abroad, where the payment is good,' says Murali. Some of the musicians, who are part of these bands share how they entered the field and have coped with challenges posed by technology. Flautist Raghu, who has been in the light music field since 1972, says, 'I am 75 now, and still continue to play. Some instruments have taken a hit because of technology. Violin, for example, has disappeared from the stage, because its sound is reproduced on the keyboard. The flute, fortunately, has escaped.' Satish has been a keyboard player for 35 years, and has performed in M.S. Viswanathan's shows for 12 years. He has progressed to having his own recording studio. 'Learning the keyboard helps you try your hand at composing,' says Satish. 'S.P. Balasubrahmanyam and MSV have sung in my devotional albums.' Nagaraj taught himself to play many percussion instruments and can recite konnakkol as well. 'I started as a mimicry artiste. Till the 1980s, in the middle of a music show, there would be 15 minutes of mimicry, but that is no longer the case.' While in school, tabla player Kiran played for K. Balachander's TV Serial Jannal, in which SPB played a role. 'I know how to play electronic pads, but prefer actual instruments. For some songs such as 'Thendral vandhu yennai thodum', it is impossible to produce the perfect tabla sounds on a pad.' Trumpeter's Viji's grandfather, father and uncle used to play the trumpet in the police band. 'They took voluntary retirement to be full time musicians,' says Viji. 'The trumpet can be used to express many emotions, including pathos as in the song 'Veedu varai uravu'. Now brass section instruments are played on the keyboard. What will happen to artistes like me?' Selva, who plays acoustic drums, did a three-year diploma course in mridangam in the Government Music College, Chennai. When he entered the scene in 1994, electronic rhythm machines were rarely used. But by 1996, they began to be widely used and he decided to embrace technology. He learnt how to play rhythm machines and later electronic pads too. Bass guitarist Santosh says, 'Ilaiyaraaja is the one who has used the bass guitar to the maximum. You cannot sing some songs, such as 'Mandram vanda thendralukku' without a bass guitar. In the past, instead of the bass guitar, they used a six foot long instrument called double bass, which is a pure acoustics instrument. Bass guitar is an electronic instrument.' Singer Anusha Kartik learnt both Carnatic and Hindustani music. She says, 'Being in the light music industry is a blessing, because you get to share the stage with renowned playback singers. I have sung with SPB and Yesudas. When I first came to Chennai from Kolkata, I knew only Hindi songs, and had to learn to read Tamil. Today I know more than 300 Tamil songs.' Kavitha became a stage singer and then studied music in the Government Music College. 'During rehearsals, I notate even those songs allotted to someone else, and practise them. The happiest moment in my life was when P. Susheela complimented me for my rendering of the song 'Alaya maniyin' (film Paalum Pazhamum).' Vocalist Sai Vignesh learnt Carnatic music from T.R. Vasudevan, a disciple of Chembai Vaidyanatha Bhagavatar. 'After I participated in Super Singer, I began performing with various light music bands, and then came the opportunity to sing the super hit song 'Varaha roopam', for the Kannada film Kantara. Classical singers must resist the tendency to improvise when they sing film songs. They must not add unnecessary gamakas.' ''We used to have programmes throughout the month, but not anymore. To supplement the income, I plan to start a shop selling, renting and repairing music instruments.''LakshmanLakshman Sruthi orchestra What is the reason for fewer programmes these days? Satish points out that some musicians like to adopt a freestyle of music, where they don't follow every note of the background score, but produce something similar. 'Freestyle is unacceptable. How can anyone tamper with what music directors have composed?' asks Selva. 'These days, many people go in for DJ's. This too has impacted us,' says Murali. 'Costs, including rent for halls, have gone up. In addition, we also have to pay licensing fees to IPRS (Indian Performing Right Society). By way of abundant caution, some hotels insist that licenses must also be obtained from Novex Communications and PPL (Phonographic Performance Limited),' says Sankar. (While IPRS gives licenses for musical and literary works, the others must be approached for a license for sound recording.) With expenses mounting, the cost of tickets has to be pushed up. But if tickets are pricey, there are few takers. Recently, the Corporation of Chennai has imposed an entertainment tax of 10 percent of gate collection, which will add to the financial burden of bands. 'There are roughly 10,000 musicians who will be affected if the light music industry ceased to exist,' says Murali.
Euronews
6 days ago
- Business
- Euronews
Who are the four tech executives joining the US Army?
The US military created a new army reserve body earlier this month that included four players from the biggest tech companies in the world. The Army's new initiative – Detachment 201, called the Executive Innovation Corps to Drive Tech Transformation, will see senior tech executives serve as advisors to the military to 'help guide rapid and scalable tech solutions to complex problems,' the army's website reads. 'By bringing private sector know-how into uniform, Det. 201 is supercharging efforts … to make the force leaner, smarter and more lethal'. (The US Army has issued an interest form since the four tech executives joined in the hopes of recruiting more tech executives to the detachment.) The first four reserve members are Shyam Sankar, Palantir's chief technology officer, Andrew Bosworth, Meta's chief technology officer, Kevin Weil, OpenAI's chief product officer, and Bob McGrew, advisor at Thinking Machines Lab and former chief research officer at OpenAI. All four have been given the title of Lieutenant Colonel, a senior officer rank that often oversees battalions of between 300 to 1,000 people. Shyam Sankar Shyam Sankar claims he joined Palantir Technologies, an American company that trades in software platforms for big data analytics as 'employee #13'. He said he brought the forward deployed engineer role to the company, a software engineer who works directly with clients to embed Palantir's technology into its weapons. Sankar holds a bachelor's in electrical and computer engineering from Cornell University and a master's degree in management science and engineering from Stanford University. In 2024, Sankar wrote the 'Defence Reformation,' a 4000-word 'treatise' that lays out how he believes the US should reform its military, including ways to introduce more competition into a defence tech industry that he believes has been consolidated. 'We are in [a] state of undeclared emergency,' he wrote. 'For more than three decades, we've accepted a stagnant Defence Industrial Base … with no great power competition. 'Change is now possible because we all realise there is something worse than change: irrelevance,' he said. Sankar's swearing in to the military comes a few weeks after Palantir won a $795 million (€678.5 million) contract for its Maven Smart System software licenses. Earlier this year, the company also provided the US military with its first Tactical Intelligence Targeting Access Node (TITAN) systems, the first AI-powered mobile ground station to help soldiers with warfare strategy. Andrew Bosworth Bosworth, known in the tech community as 'Boz,' joined Meta in 2006 when Mark Zuckerberg was ramping up the social media platform Facebook. Initially, Bosworth was Zuckerberg's teaching assistant in an artificial intelligence (AI) class at Harvard in 2004. Despite rarely coming to his class, Facebook recruiters called Bosworth while he was working at Microsoft in Seattle, and the rest is history. The company credits Bosworth with creating the News Feed, where users often see recent posts from their friends and family, along with early 'anti-abuse systems' that are still in place on the network. In 2017, Bosworth created the company's first virtual reality (VR) division called Reality Labs, which he still leads. He also leads the company's artificial intelligence (AI) efforts, called Meta AI, and Meta's smart glasses technology. He said on X that he was 'honoured' to join the US military because he is 'deeply invested in helping advance American technological innovation'. Bosworth's swearing in comes less than a month after Meta and US-based defence tech company Anduril announced a partnership to integrate extended reality (XR) products into American warfighters, giving them 'enhanced perception … and intuitive control of autonomous platforms on the battlefield'. In an interview with CNBC, Bosworth said his decision to serve is separate from defence deals that Meta has made. Kevin Weil and Bob McGrew McGrew, OpenAI's former chief researcher, is now an advisor to Thinking Labs. The new AI start-up, founded by ex-OpenAI chief technology officer Mira Murati, is now worth an estimated $10 billion (€8.53 billion), six months after launch. McGrew shared on X that he left OpenAI last September, describing his eight years at the company as a 'humbling and awe-inspiring journey'. In the message, he shares that he was a part of pioneering large language models (LLMs) at the company as well as building some of the first multimodal models of the popular AI chatbot, ChatGPT. He also launched ChatGPT's o1 series that reasons through complex tasks such as science, coding and math. Weil is a recent recruit to OpenAI, having joined the company in 2024 as chief product officer. He's leading a team 'focused on applying our research to products and services that benefit consumers, developers and businesses,' according to the company. Before joining OpenAI, Weil has had stints at many of the dominant social media companies, starting at Twitter, now known as X. As the social network's head of product, he claims he scaled the company from 40 to 4,000 employees and from $0 to $2 billion (€1.7 billion) in annual revenue. Weil also worked as vice-president of product at Instagram and kept that same job after Meta's acquisition of the social media site until 2021. At Instagram, he's credited with launching 'Instagram Stories,' a part of the app where users share up-to-date images or videos of what they are up to. Weil also serves on a variety of boards, like Cisco, the US Nature Conservancy and is listed as 'Operator in Residence' at his wife Elizabeth Weil's venture capital firm, Scribble Ventures. His LinkedIn profile says he graduated from Harvard University in 2005 with a bachelor's in physics and mathematics and a master's degree from Stanford University in physics. OpenAI was awarded a $200 million (€170.7 million) US defence contract to 'develop prototype frontier AI capabilities to address critical national security challenges in both warfighting and enterprise domains,' three days after Weil was named to the US Army.
New York Post
20-06-2025
- Business
- New York Post
Silicon Valley's enthusiasm for Pentagon is just beginning
In the span of a few years, Silicon Valley executives have shifted from viewing Pentagon collaboration as war-mongering to joining the US Army Reserve. And if the response Palantir chief technology officer Shyam Sankar — who has joined the newly formed Detachment 201: Executive Innovation Corps — has received is any indication, the tech industry's enthusiasm is just beginning. Sankar told me he has been inundated with messages from people in the industry who want to do the same. 'Hundreds of people have reached out to me,' he said. 'Service is contagious and people respond.' Advertisement 7 Palantir chief technology officer Shyam Sankar he has been inundated with messages from people in the tech industry interested in serving in the Army Reserve: 'Hundreds of people have reached out to me.' Getty Images for 137 Ventures/Founders Fund/Jacob Helberg Last Friday, Sankar was sworn into Detachment 201, along with Meta CTO Andrew Bosworth, OpenAI Chief Product Officer Kevin Weil and Bob McGrew, OpenAI's former Chief Research Office. The four will serve part-time as senior advisors. The purpose of the new initiative, the Army said in a statement, 'is to fuse cutting-edge tech expertise with military innovation.' Sankar envisions a future where the Department of Defense will prioritize recruiting in the Bay Area. Advertisement 'You need to be where the innovative talent is,' he said. 'We have the facilities they don't have.' 7 OpenAI chief product officer Kevin Weil is joining the US Army Reserve as a part-time senior advisor. Getty Images for HumanX Conference This surge of patriotism marks a dramatic change for an industry that has, in recent years, shunned defense tech firms. Scale CEO Alexandr Wang told me his company's decision to work with the Department of Defense five years ago was enormously controversial at the time. Advertisement 7 Meta Chief Technology Officer Andrew Bosworth is joining Sankar at the newly formed Detachment 201: Executive Innovation Corps. REUTERS 'We were a bit of a pariah in the AI industry because all the other AI companies were were going the other way. They were moving away from working with on defense or security applications,' Wang said. 'And now I'm seeing that pendulum swing back where, even in Silicon Valley, there's a clear recognition and moral imperative that we need to be utilizing AI to support, support our war fighters, support our natural security mission.' Over the past year, OpenAI secured a $200 million contract with the DoD to develop AI capabilities for national security, marking its first major government contract. Advertisement 7 In the last year, OpenAI — where Sam Altman is CEO — secured a $200 million contract with the Department of Defense. Getty Images Meta partnered with Anduril Industries to develop augmented reality (AR) products for US military use. Google has re-entered the defense sector by reversing earlier AI policies that prevented it from supporting national security. That's a big switch from 2018, when Google walked away from the Pentagon's Project Maven (which used AI and machine learning for military targeting) after thousands of employees — touting the company's 'Don't be evil' mantra — signed a letter demanding the company abandon the project. David Ulevitch founded a16z's American Dynamism firm, which invests in founders and companies that support the national interest, including in the fields of aerospace, defense, public safety, education and housing. He told me that Google's overreaction was a 'watershed moment' that spurred others in the industry to return to working on defense and warfare. 7 In 2018 Google walked away from the Pentagon's Project Maven after thousands of employees — touting the company's 'Don't be evil' mantra — signed a letter demanding the company abandon the project. JOHN G MABANGLO/EPA-EFE/Shutterstock 'The history of Silicon Valley is rooted in supporting the national interest ,' he said, 'but somewhere along the way, many lost sight of that. 'Founders have realized that building in the national interest doesn't just feel good and patriotic — which it is — but represents a generational opportunity to build the iconic companies that will power and advance our country for decades to come.' Advertisement During World War II, Frederick Terman, the Stanford engineering dean often called the 'father of Silicon Valley,' built a defense tech ecosystem at the university, securing government contracts and establishing the Stanford Industrial Park. And companies like Hewlett-Packard, Varian Associates, Shockley Semiconductor and Fairchild Semiconductor supplied critical electronics for military radar, missiles and communication systems. 7 Alexandr Wang said concerns over China and the geopolitical tensions have pushed tech leaders to work with the US government. REUTERS This story is part of NYNext, an indispensable insider insight into the innovations, moonshots and political chess moves that matter most to NYC's power players (and those who aspire to be). The stakes might be higher now, with AI's potential to transform governance or even create an extinction event. And many tech leaders have worked with China — and recognize how that country doesn't play fair. Advertisement Wang warned: 'If China gets ahead and America's brightest minds don't tackle national security, what does that world look like?' Silicon Valley's embrace of patriotism coincides with a cultural shift as companies crack down on all things 'woke,' decreasing DEI requirements and curtailing climate pledges. Of course, along with patriotism comes the potential for enormous profit. 7 The Department of Defense, headquartered in the Pentagon, has a budget of nearly a trillion dollars each year. Getty Images/iStockphoto Advertisement Palantir, which relies on the government for more than 40% of its revenue, has come under scrutiny — with lawmakers asking the company to share details of a project that could help the government create a database of Americans, according to a New York Times report. Rep. Warren Davidson (R-Ohio) has concerns about data privacy and tech companies getting too close to the government, emphasizing the need for a balance between innovation and security. 'You can innovate while safeguarding information,' he told me. He said technologies like blockchain, which could track access to American data, offer a promising solution to enhance privacy protections. Relying on American companies is arguably the best way to do that. Advertisement 'Ninety percent of all tech is American… it's one of our greatest assets,' Sankar said. 'This is about the importance and primacy of people. When we look at history, innovators like John Boyd, who created the F-16, [have from] the private sector.' Send NYNext a tip: nynextlydia@
Time of India
16-06-2025
- Business
- Time of India
US Army's nerd force; Palantir, Meta, OpenAI tech bosses join Executive Innovation Corps, one sold knives in college
Army forms Detachment 201 to bridge civil-military tech divide The US Army officially launched Detachment 201: Executive Innovation Corps on June 13, 2025, as part of its broader Army Transformation Initiative. The new reserve unit aims to integrate top technology executives into the Army Reserve to support innovation and modernization across military operations. Participants are commissioned as part-time lieutenant colonels and will serve as strategic advisors, offering insight into emerging technologies and supporting the development of tech-driven defense capabilities. Also read: US Space Force: US admits China the preeminent space power with powerful weapons by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Moose Approaches Girl At Bus Stop In National Capital Region - Watch What Happens Happy in Shape Four prominent figures from the tech industry were sworn in as the inaugural members of the Executive Innovation Corps. The founding cohort includes Shyam Sankar, Chief Technology Officer at Palantir; Andrew Bosworth, Chief Technology Officer of Meta; Kevin Weil, Chief Product Officer at OpenAI; and Bob McGrew , former Chief Research Officer at OpenAI and current advisor at Thinking Machines Lab. Here's more about who they are and why they are chosen to be the new nerds for US Army's invasion into military tech: Live Events Shyam Sankar: from Systems Engineer to Palantir's Chief Technologist Shyam Sankar is Chief Technology Officer of Palantir Technologies and one of the most vocal advocates for revitalizing the US defense industrial base. His professional journey reflects a deep commitment to applied technology, national resilience, and transformation of how government institutions work with private-sector software. Sankar holds a Bachelor of Science in Electrical and Computer Engineering from Cornell University and a Master of Science in Management Science and Engineering from Stanford University. His career began in the early 2000s with ZeroChaos as a developer and later transitioned into business roles at Xoom Corporation, including VP of Network Management for Asia Pacific. These formative roles gave him early exposure to financial technology, distributed systems, and emerging markets. In 2006, Sankar joined Palantir Technologies, then a relatively young company, as Chief Operating Officer. For nearly 17 years, he played a leading role in building Palantir into one of the most prominent defense-tech software firms in the world. His work spanned operations, product strategy, and client engagement, particularly with national security and military institutions. In 2023, he was named Chief Technology Officer. Also read: China develops military tech to advance its aggressive cause Sankar is also Chairman of Ginkgo Bioworks, a synthetic biology firm, and a trustee at the Hudson Institute, reflecting his broader interests in biotechnology and strategic policy. He is a frequent public voice on the urgent need to modernize the defense industrial base in the face of rising geopolitical threats and technological stagnation. His commissioning into the Army Reserve's Executive Innovation Corps as a lieutenant colonel represents a formal extension of his work to bridge civilian and military technology. Sankar's perspective is shaped by his belief that the US must reawaken its Cold War-era spirit of industrial mobilization. His work champions speed, utility, and interoperability in defense software, values he sees as essential for modern warfighting and deterrence. Andrew Bosworth: from sales rep to Meta's Chief Technologist Andrew Bosworth, widely known in the tech industry as 'Boz,' is Chief Technology Officer at Meta and one of the company's most senior engineering leaders. His journey from selling knives door-to-door to leading Meta 's long-term technology vision highlights a career defined by relentless execution, product innovation, and scale. Bosworth's career began not in Silicon Valley, but with a headset and a kitchen demo kit. As a field sales manager at Vector Marketing, he sold Cutco knives door-to-door during college. His ability to train, motivate, and manage sales teams, while personally driving over $40,000 in individual sales in just 12 weeks, laid an early foundation in high-performance communication and leadership. He went on to manage over 100 representatives and helped drive $1 million in summer sales, giving him a rare edge in people operations and team dynamics. He graduated from Harvard University in 2004 with an A.B. in Computer Science, concentrating on the study of mind, brain, and behavior. Post-graduation, Bosworth joined Microsoft as a software design engineer on the Visio team, contributing to layout and routing systems for a $350 million-a-year product. The role gave him deep exposure to large-scale codebases and mission-critical software design. Also read: Trump awards Boeing $20 billion contract for Air Force's next-gen F-47 fighter jet to counter China's military advances In 2006, he joined Facebook as one of its earliest engineers. He was instrumental in building core products such as News Feed, Groups, and Messaging, some of the most widely used social features in the world. Over the next 16 years, he expanded into leadership roles spanning infrastructure, machine learning, and ultimately hardware. In 2017, Bosworth was tapped to lead Meta's Reality Labs division, overseeing Oculus virtual reality development and the company's push into augmented reality. His work helped shape Meta's strategy toward immersive computing and the broader vision of the metaverse. Appointed Chief Technology Officer in January 2022, Bosworth today oversees Meta's investment in foundational technologies like AI, AR/VR, and wearable computing. He is a key driver of Meta's efforts to evolve from a social media company to a platform for spatial and intelligent computing. His recent commissioning into the US Army Reserve's Executive Innovation Corps as a lieutenant colonel reflects a growing recognition that defense transformation requires private-sector technologists with deep operating experience. Bosworth's unique combination of frontline sales, engineering discipline, and executive leadership makes him one of the rare technologists equally comfortable pitching products and building platforms that touch billions. Kevin Weil: from Twitter visionary to OpenAI's Product Strategist Kevin Weil serves as Chief Product Officer at OpenAI, bringing over a decade of experience building consumer-scale products at the intersection of data, design, and emerging technology. At OpenAI, he leads the development and delivery of AI tools like ChatGPT and the OpenAI API, helping shape how billions will interact with artificial intelligence. Also read: Drone disaster? Famed U.S. Army faces backlash as ... Weil graduated from Harvard with a degree in physics and began his career as a software engineer. He rose to prominence during his tenure at Twitter, where he served as SVP of Product, helping shape its core timeline and ads platform during a period of exponential user growth. His product leadership was marked by an emphasis on simplicity, velocity, and impact. He later held executive roles at Instagram, where he helped build Stories and explore new formats, and at Facebook's blockchain initiative, Novi. At each stop, Weil's focus has been on making cutting-edge tech accessible, intuitive, and scalable for everyday users. At OpenAI, he is responsible for translating advanced research into widely-used products. Under his guidance, the company has rapidly expanded access to AI systems through partnerships, developer platforms, and consumer apps. His product instincts play a key role in how OpenAI balances innovation with responsible deployment. Weil was recently commissioned into the US Army Reserve as part of the Executive Innovation Corps. His inclusion signals the military's intent to work with product thinkers capable of rapid iteration, interface design, and aligning advanced technology with real-world usability. Bob McGrew: from OpenAI research to strategic AI advising Bob McGrew is an AI veteran whose work spans some of the most important frontiers of machine learning and safety. As the former Chief Research Officer at OpenAI, he led research programs focused on alignment, large language models, and responsible AI deployment efforts that helped lay the groundwork for tools like GPT-4 and reinforcement learning techniques. McGrew holds a Ph.D. in computer science from Stanford University, where his research focused on algorithmic game theory and computational economics. Before OpenAI, he worked at Facebook and other Silicon Valley labs where he applied ML at scale. At OpenAI, McGrew was instrumental in setting long-term research agendas and leading collaborations with academia, government, and other research institutions. He became known for his pragmatic approach to research translation: pushing theoretical work toward real-world impact. Now an advisor at Thinking Machines Lab, a Manila-based AI consultancy, McGrew focuses on building AI solutions for development, sustainability, and national resilience. His global perspective on AI's impact makes him a valuable bridge between frontier research and practical deployment. Recently, McGrew joined the US Army Reserve's Executive Innovation Corps as a lieutenant colonel. His background in both technical research and ethical AI frameworks positions him to advise on military AI applications that are safe, explainable, and aligned with democratic values.
Business Insider
10-06-2025
- Business
- Business Insider
New Buy Rating for Apple (AAPL), the Technology Giant
TD Cowen analyst Krish Sankar maintained a Buy rating on Apple (AAPL – Research Report) today. The company's shares closed yesterday at $201.45. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Sankar covers the Technology sector, focusing on stocks such as Apple, Micron, and Seagate Tech. According to TipRanks, Sankar has an average return of 15.8% and a 57.42% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Apple with a $228.79 average price target, representing a 13.57% upside. In a report released yesterday, Monness also maintained a Buy rating on the stock with a $245.00 price target. The company has a one-year high of $260.10 and a one-year low of $169.21. Currently, Apple has an average volume of 62M. Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AAPL in relation to earlier this year. Last month, Chris Kondo, the CAO of AAPL sold 4,486.00 shares for a total of $933,940.34.
